Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $25,572
31%  
Woo hoo!! And we're now over 31%!! Thank you all very much!! God bless.

Keyword: fedloan

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  • Student Fedloan follies and fables

    10/28/2021 6:27:38 AM PDT · by fatboy · 9 replies
    As a general rule, I'm one that feels that if you take out a loan, you should expect to pay it back. I'm not in favor of "Student Loan forgiveness", the most important thing with any post secondary education that will cost money is will the education or training offer a future job that pays? The only exception being if the student has the time and money to take classes for "personal enrichment" with no expectation of a financial reward. Ok, we took out a Parent Plus loan for our daughter, total $21,000 which was dispersed in August 2012. The...
  • A.I.G. Uses $61 Billion of Fed Loan (only $24bn left, no buyer for their assets)

    10/05/2008 8:02:11 AM PDT · by TigerLikesRooster · 26 replies · 984+ views
    NYT ^ | 10/04/08 | ARY WILLIAMS WALSH
    A.I.G. Uses $61 Billion of Fed Loan By MARY WILLIAMS WALSH The American International Group said on Friday that it had already drawn down $61 billion of the $85 billion emergency bridge loan it received from the Federal Reserve two weeks ago, an announcement that startled credit ratings agencies. The emergency loan was supposed to buy the company time to sell its troubled assets in an orderly manner. But the sell-off has not yet begun, and now the insurer faces the additional pressure of trying to sell the businesses at a time when potential buyers are having trouble borrowing money....